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In economics the value of what a producer or consumer is willing to give up in order to produce or buy something else is called a)A factor of production b)Productivity c)A trade-off d)An opportunity cost
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In economics the value of what a producer or consumer is willing to give up in order to produce or buy something else is called

a)A factor of production
b)Productivity
c)A trade-off
d)An opportunity cost

User Vasile Tomoiaga
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1 Answer

5 votes
The correct answer is d
User Janusz Chudzynski
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